Guilty until proven innocent

And this in a Country that pretends to care about the Rights of the People.

How much longer until everyone is finger printed, tagged, and chipped.

I feel so much "safer" now.

WASHINGTON (Reuters) – Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to final rules issued on Wednesday by the Federal Reserve and other regulators.

The rules are part of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, also called the S.A.F.E. Act.

Who is going to protect the American Citizen from the Federal Government?

LOL! You have the love the nam of this bill! the SAFE Act, who wouldn't be FOR being SAFE? This is how the government opperates, a master of illusion, watch your freedom disappear right before your eyes!

you do understand that if this stuff is implemented, then no one will want to perform that job. Their service will be wiped from the US, and the entire country will be much much poorer because of this idiotic bill, right?

Also, the entire housing bubble was caused by credit expansion via the Federal reserve! So... had nothing to do a bunch of loan makers.

You appear to be supporting the right of lenders to sell bad morgages to people and then remain anonymous. They have proven themselves to be crooks of the first order already, and it is normal to fingerprint criminals.

Or are you saying that you want the right to be ripped off?

This looks like government protecting the people from the banking system - and more power to them for taking on the 'robber barons' of modern America.

Where did I say every loan lender ? It is not necessary to put words in my post if you have an intelligent response to hand, but you don't I think. Bad mortgages have aused untold misery, lending to people who could never afford the payments artificially increases house sales and prices, then when the prices crash the loans that people could afford to repay became too much even for them.

This in turn has contributed to the instabnility of the economy and the same bankers, who give other less easily seen bad loans, rip you off even more - but you just lay back there and take it I guess ?

I was not setting you up - I always appreciate your defending me and try to return the favour (although you seem not to need much defending normally) I really still can't work out what it was all about TBH except Misha either read more into my post than was there or was trying to defend Mike by any means - but then it was Evan who put words in my 'mouth' that I reacted to - either way, to make my position clear - I SUPPORT the idea that anyone who has shown themselves to be untrustworthy AND coninuing in that business should be controlled.

Honour killings are done only by the parents or inlaws... They need not presume that the bride is guilty. Every movements of girl children in India are under scanner of someone else. Only if the "other people around" assist the girl, she cant do a crime.

Eventhough some people are against these "honour killings" in India, it is that discipling which makes Indian culture rich. Instead of killings, the girl can be sent to serve the temples in her locality or sent to "Homes for women".

Indeed, teachers get fingerprinted before they're even accused, much less proven guilty, of any crime. You want to teach, you get fingerprinted first.

Fair? Not really. Just? Not really.

Should a mortgage lender get to remain anonymous? No, heck no! But do we really need to fingerprint them? I don't think so. We should be able to track which loan guy wrote which loan without the fingerprinting, and we should absolutely be able to trace which loan guy wrote which loan. I reckon loan people ought to get paid not by how many loans they write (which was the case during the real estate boom) but rather how many performing loans they write.

Oh, I do. Fingerprinting people before they've done wrong (on the supposition that they might do wrong, I guess) is bad, no question, no matter who is being fingerprinted.

I would imagine that any bank that wants to stay in business would keep track of which employee wrote which loan, and will be able to pick out the guys who write bad loans and either sack them or mentor them so they won't do that anymore.

The same crowd in fervent defense of the rights of bankers not to have their privacy infinged upon - this same crowd was in full-throated defense of wireless wiretapping. Remember 'If you aren't doing anything wrong, then the government wiretap shouldn't bother you.' You have to wonder if there's a screw loose somewhere.

My mother got fingerprinted - this was almost 50 years ago - when my folks opened up a billiard center - and it was the law. People who run pawn shops and as Rose pointed out - teachers submit to fingerprinting. What's the big deal?

Some guy in the shadows with a hat on offers you some Bread in a dark dank alleyway. you ask what his name is, and he replies "I ain't gonna tell you! Now, do you want the 5 cent bread, or not?". Then you ACTUALLY BUY THE BREAD FROM HIM...

... and now we want to throw HIM in jail?!

This is nonsense!! EVERYONE on this forum is yelling "THOSE GUYS ARE CROOKS!!! EVEN THOSE WHO AREN'T!!! FINGERPRINT EM!! THE GOVERNMENT'S PROTECTING US FROM CRIMINALS!!!"

what about the idiots who ACTUALLY TOOK A LOAN FROM AN ANONYMOUS SOURCE!!!!???? why aren't we all calling for their heads?!

I demand that we fingerprint anyone who wants to accept a loan - because the government needs to protect us from ourselves!! Sure, our elected officials are just random everyday folk, just like us... but for some reason, when we elect them, they become super heroes who know how to solve all our problems!!

I demand we fingerprint everyone, cuz I just can't trust myself. I would also like to request that the federal government approve every single transaction I make in my life because... what if I'm buying the wrong toothpaste?

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